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Germany stocks lower at close of trade; DAX down 3.99%

Published 04/21/2020, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 3.99%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Technology, Construction and Food & Beverages sectors led shares lower.

At the close in Frankfurt, the DAX lost 3.99%, while the MDAX index lost 2.28%, and the TecDAX index declined 2.56%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 0.69% or 0.840 points to trade at 122.780 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) added 0.59% or 0.560 points to end at 95.990 and Bayer AG NA (DE:BAYGN) was down 0.29% or 0.17 points to 58.20 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 8.36% or 1.383 points to trade at 15.155 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 7.55% or 9.00 points to end at 110.15 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 6.55% or 8.16 points to 116.44.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 5.06% to 257.400, Qiagen NV (DE:QIA) which was up 0.92% to settle at 37.835 and Rocket Internet (DE:RKET) which gained 0.63% to close at 19.12.

The worst performers were Siltronic AG (DE:WAFGn) which was down 8.44% to 71.420 in late trade, Duerr AG (DE:DUEG) which lost 7.70% to settle at 19.420 and CTS Eventim AG (DE:EVDG) which was down 6.81% to 36.700 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 5.06% to 257.400, Qiagen NV (DE:QIA) which was up 0.92% to settle at 37.835 and Wirecard AG (DE:WDIG) which gained 0.69% to close at 122.780.

The worst performers were Siltronic AG (DE:WAFGn) which was down 8.44% to 71.420 in late trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which lost 8.36% to settle at 15.155 and Nordex SE O.N. (DE:NDXG) which was down 6.55% to 7.135 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 581 to 93 and 68 ended unchanged.

Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; up 5.06% or 12.400 to 257.400. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; gaining 5.06% or 12.400 to 257.400.

The DAX volatility index, which measures the implied volatility of DAX options, was up 14.72% to 50.20.

Gold Futures for June delivery was down 1.29% or 22.15 to $1689.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 44.30% or 9.05 to hit $11.38 a barrel, while the June Brent oil contract fell 25.22% or 6.45 to trade at $19.12 a barrel.

EUR/USD was down 0.12% to 1.0849, while EUR/GBP rose 1.23% to 0.8840.

The US Dollar Index Futures was up 0.32% at 100.382.

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